Herc Holdings (HRI) SVP Peres Tamir Receives Award; 822 Shares Withheld

What Happened Peres Tamir, SVP & Chief Information Officer of Herc Holdings (HRI), was issued 2,261 shares on 2026-08-18 as performance stock units that vested after a three-year performance period. To cover the tax liability on the vesting, 822 of those shares were withheld (disposed) at $166.82 per share, totaling $137,126. Net shares delivered to Tamir after withholding were 1,439 (2,261 issued minus 822 withheld). This was an award/vesting event (not an open-market purchase or sale) and is typically routine compensation.

Key Details

• Transaction dates: 2026-08-18 (award and withholding); Form 4 filed 2026-08-20 (timely within two business days).
• Award: 2,261 shares granted/issued (code A) at $0.00 reported acquisition price (performance stock units vested).
• Tax withholding: 822 shares withheld (code F) at $166.82 each = $137,126 (treated as a disposition to cover taxes).
• Net shares received by insider: 1,439 (2,261 − 822).
• Footnotes: F1 = shares issued related to performance stock units after the three‑year performance period; F2 = shares withheld for taxes upon vesting.
• Shares owned after the transaction: not specified in this filing.

Context This filing reflects vesting of performance-based restricted stock, with a portion withheld to satisfy tax withholding—common for equity compensation. The withheld shares are reported as a disposition for tax purposes but are not an open-market sale that signals trading intent. These transactions are routine compensation events and should be interpreted differently from voluntary insider purchases or sales.